Rachel Zhong, formerly a US-based associate at industrial technology group Siemens’s Next47 corporate venture capital subsidiary, has joined China Resources Capital Management (CR Capital) as a senior vice-president.
Founded in 2006, CR Capital is an investment arm of diversified Hong Kong-headquartered, state-owned conglomerate China Resources Group.
The company runs a HK$127bn ($16.3bn) fund focused on areas such as real estate, healthcare, pharmaceuticals, renewable energy and infrastructure. Its portfolio includes small interfering ribonucleic acid (siRNA) technology developer Suzhou Ribo Life Science, oat-based drink producer Oatly and local services platform Meituan Dianping.
At Next47, Zhong was involved in series A rounds for research and development software supplier Riffyn and machine learning technology developer Bonsai.
Prior to joining Next47, Zhong held product management roles at mobile voice technology developer Mobvoi’s Beijing and Silicon Valley offices, and investor positions at cleantech solutions provider Bay Environmental Technology and another Siemens investment unit, Siemens Venture Capital.
Photo of Rachel Zhong courtesy of LinkedIn.
